Appointments: PDE, GJEPC, Scott Kay
The Panama Diamond Exchange has named Hecliton Santini Henriques, president of Instituto Brasileiro de Gemas e Metais Preciosos (IBGM), and Dr. Luciano Pataro, founder and director of Gold America S.A., as directors of the organization.
Tiffany reports comps up, strong sales in Q2
Tiffany & Co. reported Wednesday that same-store sales in the Americas were up 8 percent year-over-year in the company’s second quarter ended July 31, bolstered by strong performances across most product categories.
Movado Group’s Q2 sales up 4 percent
Movado Group reported Tuesday that net sales rose 4 percent year-over-year in its fiscal second quarter, from $138.3 million to $143.6 million.
Another dept. store settles racial profiling case
The latest development in the New York attorney general’s investigations into alleged cases of racial profiling has resulted in Macy’s Inc. agreeing to pay $650,000 to settle complaints against it.
New Blue Nile site focuses on the UAE
In an ongoing attempt to grow outside of the U.S., Blue Nile has launched an Arabic language version of its website, allowing consumers in the United Arab Emirates to shop in their native language.
Etsy pushes wholesale business out of test mode
Aiming to get its products in more stores across the country, Etsy, the popular marketplace for handmade goods, officially has launched its wholesale division to allow retailers access to products from smaller designers.
Kay Jewelers adds another exclusive brand
The chain that has had much success selling Jane Seymour- and Neil Lane-endorsed lines of jewelry is partnering with actress Sofia Vergara, of Modern Family fame, for its latest exclusive line.